For Sale
$7,500,000

100 State RtePalm Coast, FL 32137

44.59 Acres, Prime Commercial Location

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional 44.59-acre commercial land parcel in Palm Coast, Florida, is available for $7,500,000. Located on State Road 100, this property boasts a prime location just 1.5 miles from the Atlantic Ocean and benefits from high traffic counts exceeding 20,000 vehicles daily. The permitted zoning, COM 2/COM, allows for mixed-use development, presenting a wide range of possibilities. Potential uses include hotels, medical facilities, assisted living, quick-service restaurants, restaurants, convenience stores, automotive businesses, and storage facilities. The property's strategic location is further enhanced by its proximity to key amenities and developments. It's within 1.5 miles of the Flagler Beach waterfront, featuring a new Margaritaville Hotel under construction, and a half-mile from a Publix supermarket. Nearby developments include a new BJ's Warehouse, and future locations for Miller's Ale House and Longhorn Steakhouse. AdventHealth Hospital is also conveniently located just 2 miles away. This property is situated in the heart of future residential growth, surrounded by planned multi-family and single-family home developments. An additional 10 acres of adjoining land, zoned Commercial 2 & Commercial 3, offer potential for assemblage, increasing the total linear footage along SR 100 to 1,038 feet. This represents one of the last remaining large parcels along SR 100 in Palm Coast, making it a truly unique investment opportunity. The APN is 03-12-31-0000-01010-0190. The price per acre is $168,199.

Highlights

  • $7,500,000 asking price.
  • 44.59-acre commercial land parcel in Palm Coast, FL.
  • COM 2/COM zoning.
  • $168,199 per acre land value.
  • Located on State Road 100, offering high visibility and traffic counts exceeding 20,000 vehicles daily.

Property Details for 100 State Rte

Property type
Land
Lot Size (sq. ft)
1,942,340 SF

Location Insight

City
Palm Coast
County
Flagler
State
Florida
Latitude
29.4755065
Longitude
-81.195593
100 State Rte, Palm Coast, Florida

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100 State Rte
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